How much would your Rs 10,000 be worth on Jan 24, 2020, if you invested a year ago in stock market, silver or gold?

How much would your Rs 10,000 be worth on Jan 24, 2020, if you invested a year ago in stock market, silver or gold?

The best value for money would be if you invested in Palladium and your Rs 10,000 would be worth Rs 18,847.58.

Sanjiv AroleUpdated: Friday, January 24, 2020, 07:35 AM IST
article-image

Comment: The BSE Sensex provided the maximum returns in the above table for the 3 months period. Silver in the domestic market topped for the 6 months period. While gold in the domestic market continued to be supreme over the one year period, the USD against the rupee reigned over the last one week.

Sources: Kitco.com/RSBL spot, London pm fixed for precious metals.

Notes: Palladium data has a last day data issue. Spot price is taken on 23rd January.

Foreign currencies too have last-day data issues. Only idle investments are taken into consideration.

AU Dom & AG Dom pertains to domestic IBJA closing rates. These rates include the import duty of 12.5% plus the exchange rate for $-INR, but excludes GST

Palladium may appear to offer the highest returns. But it may not be liquid enough to dispose off when required.

The above chart should not be taken as a recommendation -- but as an indication of how what appears attractive today, may give way to another investment opportunity tomorrow

Other abbreviations have been used. US$-US dollar; CNY- Chinese yuan or Remnimbi; INR= Indian Rupee

Compiled on 23rd January, 2020 at 8.50 pm IST

Disclaimer: This is not a guide for speculators.

RECENT STORIES

Holy Cities Like Ayodhya, Varanasi Attracting Big Retail Brands: Report

Holy Cities Like Ayodhya, Varanasi Attracting Big Retail Brands: Report

A Big Relief For Byjus's: NCLT Rejects Investor Plea To Stay Byju's Rights Issue EGM On March 29...

A Big Relief For Byjus's: NCLT Rejects Investor Plea To Stay Byju's Rights Issue EGM On March 29...

Your Chocolates To Get Costly As Cocoa Price Surges To ₹8,33,892 Per Ton

Your Chocolates To Get Costly As Cocoa Price Surges To ₹8,33,892 Per Ton

Level Unlocked: Coal India Attains Annual Target, Scales 610.8-MT Supply

Level Unlocked: Coal India Attains Annual Target, Scales 610.8-MT Supply

Fiscal Year 2024 Farewell: Sensex At 73,635.48 & Nifty Above 22,300 As Markets End In Green;...

Fiscal Year 2024 Farewell: Sensex At 73,635.48 & Nifty Above 22,300 As Markets End In Green;...